The SR Breakout Arrow Strategy for MT5 is a powerful trend-following system designed to capture breakout opportunities in the market. It relies on two key indicators: the SR Breakout arrow and the Mod ATR Stop, providing a straightforward approach for both day traders and swing traders.
Strategy Setup
Time Frame: Recommended for 1 minute or higher.
Tradable Assets: Suitable for all currency pairs.
Indicators MT5
SR Breakout Arrow (default settings)
Mod ATR Stop (default settings)
Trading Rules
Buy
Look for a clear uptrend indicated by the ATR Stop with its green line positioned below the price bars.
Confirm the bullish momentum with the appearance of a green arrow from the SR Breakout indicator.
Sell
Identify a prevailing downtrend signaled by the ATR Stop, with its red line positioned above the price bars.
Validate the bearish sentiment by observing a red arrow from the SR Breakout indicator.
Exit Strategy
Place a stop-loss order below the ATR line to manage risk effectively.
Aim for a profit target that is at least equal to the stop loss, maintaining a minimum risk-reward ratio of 1:1.
In summary, the SR Breakout Arrow Strategy seeks to capitalize on market trends by entering trades aligned with the direction indicated by the ATR Stop indicator. This strategy emphasizes clear entry signals provided by the SR Breakout arrows, coupled with prudent risk management through strategic placement of stop-loss and profit target levels.
Download
https://drive.google.com/drive/folders/1HkfZFrrmMAgFYujqE3Ps2LBvHPSzVtOS?usp=sharing
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